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Airshow: Big Boeing deal but hold ups for Airbus

Emirates has unveiled a preliminary order worth $15 billion for 40 Boeing jets. As Ciara Lee reports, that wasn't the only blow for Boeing's rival Airbus ahead of a key airshow in Dubai.

TRANSCRIPT +

A jumbo order from Emirates at a cool 15 billion dollars.
40 of the largest version of Boeing's 787 Dreamliner, the 787-10.
The deal comes ahead of this week's Dubai air show
And sends a clear message from the Middle East's largest carrier at a time when business confidence in the region has wobbled.
(SOUNDBITE) (English) CHAIRMAN OF EMIRATES AIRLINE, SHEIKH AHMED BIN SAEED AL-MAKTOUM, SAYING:
"Our announcement today also speaks to our confidence in the future of aviation in the UAE and the region. And these new planes that we've just ordered will deliver from 2022 onward, taking the airline well into 2030."
Deliveries will start in 2022 and Emirates has yet to decide between engines offered by General Electric and Rolls-Royce.
(SOUNDBITE) (English) BOEING COMMERCIAL AIRPLANES PRESIDENT CEO, KEVIN MCALLISTER, SAYING:
"We are incredibly proud to have a commitment of 40 787-10s and have Emirates join the 787 family."
The deal thwarts Airbus's hopes of a new order for its slow-selling A380
It's been looking for a boost to the superjumbo, which after a decade in service has seen sales decline.
Dubai wants a guarantee that Airbus will keep production of the aircraft open for at least 10 years
Negotiations continued overnight with reports that Airbus may be willing to meet Dubai's conditions in order to secure a much-needed order for its flagship product.
Emirates has 100 A380s already in the fleet and the state-owned carrier has been concerned about the aircraft's future
The unusual demand for industrial guarantees has become central to whether Airbus can pull off a lifeline deal at the show.

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